5006 Fm 2004KilgoreTX75662
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Kilgore at 5006 Fm 2004, Kilgore, TX, 75662 generates $1,620/mo in rent and, after a $1,003/mo payment, leaves $163/mo in cash flow. Total monthly income is $1,620/mo, and annual cash flow is $1,951/yr on $67,958 invested. Return on cash invested sits at 22.78% in year one, and rental yield is 9.48% on a $205,000 entry. Equity gained on principal adds $1,323/yr, while 5% annual appreciation builds toward $56,638 over five years. Five-year ROI reaches 119.47% and total cumulative return in cash sums $81,186. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,620/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 75662, Kilgore, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,541 (100%) |
| Owner Occupied HU | 6,956 (66.0%) |
| Renter Occupied HU | 2,676 (25.4%) |
| Vacant Housing Units | 909 ( 8.6%) |
| Median Home Value | $206,140 |
| Average Home Value | $252,139 |
Housing Distribution
Address Breakdown
Residential
9,980
Single Family
9,235
Multi-Family
745
Businesses
928
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices